A resolution ratifying an agreement with the Treasury Department of the State
of Tennessee in order to deposit local funds for Project STP-M-4967(1), Central Pike
(FAU-4967), Widening of Bridge over Stoner Creek and Replacement of a Nashville and
Eastern Railroad Bridge over Central Pike, in the Local Government Investment Pool.

Whereas, the Local Government Investment Pool Program was established by Chapter 545 of
Public Acts of 1982; and

Whereas, pursuant to the Law local share funds relative to Tennessee Department of
Transportation Projects can be deposit in the Local Government Investment Pool thereby
allowing same to earn interest until used, or spent on the project; and

Whereas, provisions of the Local Government Investment Pool Program requires an
agreement from the Local Agency which approves its participation, and establishes a
separate LGIP Account for each Tennessee Department of Transportation Project with a local
share of funds; and

Whereas, the Tennessee Department of Transportation and The Metropolitan Government of
Nashville and Davidson County have a contract for Project STP-M-4967(1), Central Pike
(FAU-4967), Widening of Bridge over Stoner Creek and Replacement of a Nashville and
Eastern Railroad Bridge over Central Pike; and

Whereas, Ordinance No. O99-1563 authorizes the Metropolitan County Mayor to execute any
and all agreements necessary to implement the Local Government Investment Pool Program;
and

Whereas, Ordinance No. O99-1563 also requires that the Local Government Investment Pool
Agreement be ratified by Resolution of the Metropolitan County Council; and,

Now, therefore, be it resolved by the Council of The Metropolitan Government of
Nashville and Davidson County:

Section 1: That the Local Government Investment Pool Agreement between the Treasury
Department of The State of Tennessee and The Metropolitan Government of Nashville and
Davidson County for Project STP-M-4967(1), Central Pike (FAU-4967), Widening of Bridge
over Stoner Creek and Replacement of a Nashville and Eastern Railroad Bridge over Central
Pike, a copy of which is attached hereto, and made a part of this Resolution, be and the
same is hereby ratified by the adoption of the Resolution.

Section 2: That the Metropolitan County Mayor is authorized to execute the attached
Contract for Project STP-M-4967(1), Central Pike (FAU-4967), Widening of Bridge over
Stoner Creek and Replacement of a Nashville and Eastern Railroad Bridge over Central Pike.

Section 3: That this Resolution shall take effect from and after its adoption, the
welfare of The Metropolitan Government of Nashville and Davidson County requiring it.